Daily business briefing: Post Holdings buying Power Bar

February 3, 2014 

Post Holdings is expanding its role in the nutrition product category. The St. Louis-based company is buying the Power Bar and Musashi brands from Nestle. Read more at http://www.bnd.com/business. ...

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Chrysler's reported an 8 percent increase in domestic sales over a year ago. Find out more at http://www.bnd.com/business. ...

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Herbalife expects a better fiscal fourth-quarter and full-year adjusted earnings than anticipated. The company announced a $1 billion notes offering and increased its stock repurchase program by $500 million to $1.5 billion. Learn more at http://www.bnd.com/business. ...

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Jos. A. Bank Clothiers said that Men's Wearhouse had yet to explain why the Federal Trade Commission would approve the proposed combination because of antitrust concerns. Both retailers have been dueling since October when Jos. A. Bank offered $2.3 billion for Men's Wearhouse. Find out more at http://www.bnd.com/business.

-- Will Buss, BND business writer

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